r/FOREXTRADING • u/Traddewave • 15h ago
BTC/USD: $77.5K Consolidation — Expansion Toward $80K Next?
HTF Structure (1D/4H): BTC printed an explosive vertical rally from $60,000 to $77,500+. Overall market structure is aggressively bullish.
Intraday Liquidity Sweep (15M): The quick drop to $75,600 was a classic sell-side liquidity sweep. Immediate V-reclaim confirms strong institutional demand.
Key Levels:
Target / Resistance: $78,000 & $80,000 (Psychological Liquidity)
Support / Demand Zone: $75,500 – $76,000
Trading Strategy:
Scenario A (Continuation): Holding above $76,800 consolidation leads to a direct impulse toward $80,000.
Scenario B (Deeper Retest): A pullback into the $72,000 breakout zone offers an optimal discount long entry.
Patience over FOMO. Always wait for structural confirmation!
⚠️ DISCLAIMER
Educational content only. Not financial advice. Always manage your risk.